Property and Equipment, Net

12 Months Ended

Dec. 31, 2020

4. Property and Equipment, net

Property and equipment, net consists of the following as of December 31, 2020 and 2019:

	2020			2019
Furniture and fixtures	$	20,742		$	20,742
Laboratory equipment		944,657			944,657
Leasehold improvements		487,871			487,871
Office and computer equipment		302,825			302,825
		1,756,095			1,756,095
Accumulated depreciation and amortization		(1,713,382	)		(1,664,127	)
Property and equipment, net	$	42,713		$	91,968

Depreciation and amortization expense for the years ending December 31, 2020 and 2019 was $51,705 and $62,622 respectively.